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Gloucester 01930
66 Centennial Ave
$550,000
● House - Off Market

66 Centennial Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$2,726
Est. Monthly

About This Property

Beautiful Colonial located in the heart of Gloucester. Nice open concept living. Beautiful hardwood floors. 2nd floor laundry hookup. Sliders leading to deck overlooking a great yard. Bonus space in finished lower level.  Perfect opportunity to live close to the ocean and all the amenities Gloucester has to offer. Seller willing to buy down the mortgage rate on this home. PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME Y. *OFFERS DUE TUESDAY 2/13 BY 5PM.*
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$331
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1886

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73201146)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Feb 15, 2024 In contract -
In contract
Feb 9, 2024 Listed by Cameron Real Estate Group $479,900
Listed by Cameron Real Estate Group
Nov 7, 2023 Sold
Premium
Sold
Jan 20, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,646
  • Total Building Area: 885
  • Gross Building Area: 2,340
  • Building Area: 885
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 885
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0018 B:0021 L:0000
  • Block: 21
  • Municipality: GLOUCESTER
  • Latitude: 42.6145
  • Longitude: -70.6736

    Address

  • Full Address: 66 Centennial Ave
  • Address - House Number: 66
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C032
  • 4-Digit Zip Code: 2549
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,100

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 499,242
  • High Value: 539,075
  • Low Value: 459,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $455,400
  • Assessed Land Value: $125,900
  • Assessed Improvements Value: $329,500

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 155
  • Previous Sale Recording Date: Nov 07, 2023
  • Previous Sale Contract Date: Oct 30, 2023
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73201146

Frequently Asked Questions

When was property at 66 Centennial Avenue built and last sold?
The property at 66 Centennial Avenue was built in 1886 and last sold on Mar 5, 2024 for $550,000.
How much is this home worth?
The estimated value of the home located at 66 Centennial Avenue is $503,503.
What are some comparable homes to 66 Centennial Avenue?
There are currently no comparable homes to 66 Centennial Avenue.
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